• 한국시뮬레이션학회논문지
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• 제13권2호
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• pp.35-43
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• 2004

The purpose of this study is an economic analysis of power plant utilities by comparing electricity generating cost including environmental costs. Considering the enormous role of electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. Because power utilities need for large investment during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the important process in the electric system expansion planning. This paper compares the costs of electricity generation including environmental costs between a coal-fired power plant and an LNG combined cycle power plants. With the simulation, this study surveys the sensitivity of fuel prices, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically better in environmental regulation circumstance.

• 대한전기학회논문지:전력기술부문A
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• 제55권10호
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• pp.418-425
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• 2006

This paper describes a simulation package for a power system using objected-oriented programming. The package includes four parts which are a power flow, a short circuit calculation, a transient simulation program, and an economic dispatch. The graphical user interface(GUI) is designed as a common platform which allows the user to create one-line diagrams of systems, specify components of power systems as well as simulation parameters, and view the output produced by the chosen application. The paper presents the data structure of the functional modules such as the draw module, power system data module, the power system simulation module, and the utility module using the object oriented programming. This package may be useful for educational and research purposes.

• 한국태양에너지학회 논문집
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• 제28권1호
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• pp.1-8
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• 2008

The aim of this study is to develop the photovoltaic simulation program, called SimPV, which can Predict hourly based power generation of various PV modules and conduct an intensive economic analysis with Korean situation. To establish the reliability of the PV simulation results, we adopt the PV calculation algorithm of TRNSYS program of which verification has already well approved. Extensive database for hourly weather data of Korean 16 cities, engineering data for PV system and building load profiles are established. Case study on the 2.5kW roof integrated PV system and economic analysis are presented with the developed program.

• 전력전자학회:학술대회논문집
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• 전력전자학회 1997년도 전력전자학술대회 논문집
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• pp.377-379
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• 1997

This paper performed simulation of the Hybird power generation system and constructed a least component and analysis of the Hybird power system with computer program. In this paper, we performed simulation economic analysis of hybird power system.

• 전기학회논문지
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• 제60권1호
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• pp.32-35
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• 2011

The economic value of a wind farm project is influenced by various risk factors such as wind power output and electricity market price. In particular, there is uncertainty in the economic evaluation of a wind farm project due to uncertain wind power outputs, which are fluctuated by weather factors such as wind speed, and volatile electricity market prices. This paper presents a systematic method to assess the economic value and payback period of a wind farm project using Least Square Monte-Carlo (LSMC) simulation. Numerical example is presented to validate the effectiveness of the proposed economic assessment method for a wind farm project.

• Journal of Electrical Engineering and Technology
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• 제9권5호
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• pp.1501-1510
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• 2014

Low voltage direct current (LVDC) distribution system is a suitable techno-economic candidate which can create an innovative solution for distribution network development with respect to rural electrification. This research focuses on the use of LVDC distribution system to replace some of KEPCO's existing traditional medium voltage alternating current (MVAC) distribution network for rural electrification in South Korea. Considering the technical and economic risks and benefits involved in such project, a comparative techno-economic analysis on the LVDC and the MVAC distribution networks is conducted using economic assessment method such as the net present value (NPV) on a discounted cash flow (DCF) basis as well as the sensitivity analysis technique. Each would play a role in an economic performance indicator and a measure of uncertainty and risk involved in the project. In this work, a simulation model and a computational tool are concurrently developed and employed to aid the techno-economic analysis, evaluation, and estimation of the various systems efficiency and/or performance.

• Journal of Information Processing Systems
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• 제15권1호
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• pp.189-202
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• 2019

During thermal power coal-fired boiler operation, it is very important to detect the pulverized coal concentration in the air pipeline for the boiler combustion stability and economic security. Because the current measurement methods used by power plants are often involved with large measurement errors and unable to monitor the pulverized coal concentration in real-time, a new method is needed. In this paper, a new method based on microwave circular waveguide is presented. High Frequency Electromagnetic Simulation (HFSS) software was used to construct a simulation model for measuring pulverized coal concentration in power plant pipeline. Theoretical analysis and simulation experiments were done to find the effective microwave emission frequency, installation angle, the type of antenna probe, antenna installation distance and other important parameters. Finally, field experiment in Jilin Thermal Power Plant proved that with selected parameters, the measuring device accurately reflected the changes in the concentration of pulverized coal.

• 한국수자원학회논문집
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• 제52권spc2호
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• pp.823-833
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• 2019

This study presents the impact of natural flow patterns on downstream fish habitat and economic outcomes in the Dal Stream, Korea. The study reach is 3.35 km long, located downstream form the Goesan Dam. To assess such impact, this study performed physical habitat simulations. The River2D model was used for the computation of the flow and the HSI model for the habitat simulation. Two physical habitat variables, flow depth and velocity, were used. The Zacco platypus, Zacco temminckii, Coreoleuciscus splendidus, and Opsariichthys bidens were selected as the target species in the study area. Using the building block approach (BBA), the scenarios for the hydropeaking mitigation were presented. Scenario 1 and scenario 2 were proposed by using the magnitude - duration concept and averaged the hydrologic data over the each month, respectively. Simulation results indicated that the scenarios effects significantly increased by about 18.6% for the weighted usable area (WUA). In addition, hydroelectric power benefits with both scenarios were investigated. It was revealed that the change of storing and releasing water decreased by about 27% for hydroelectric power benefits. In order to increase economic benefits, the scenario was modified with the discharges corresponding to the hydropeaking condition except the flood season. As a result, the hydroelectric power benefits were almost the same, however the aquatic habitat for the target species increased by about 5%. The change of dam re-operations through natural flow patterns provides an opportunity to minimize environmental and economic benefits in order to balance water management.

• KIEAE Journal
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• 제15권6호
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• pp.5-10
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• 2015

Purpose: To evaluate the economic performance of grid-connected photovoltaic system in residential house, household electricity bill policy of Korea Electric Power Corporation (KEPCO) must be applied precisely, and market tendency and uncertainty of system also need to be considered. In this study, to evaluate the economic feasibility of PV system, we measured PV power generation and electricity consumption of six of Green home in Daejeon through web based remote monitoring system. Method: We applied Monte-Carlo simulation based on life cycle cost analysis, to reflect an uncertainty of main factor in economic feasibility evaluation of photovoltaic system. Result: First, with deterministic analysis, the difference of NPV of cumulative financial savings among households varied from -3,310 ~ 24,170 thousand won, portraying notably big range. Also the possibility of getting the same result was 50% when applying uncertainty. Second, the higher electricity consumption is, the more economic feasibility of photovoltaic system increases because KEPCO uses progressive taxation in household electricity bill policy. Third, The contribution to variance of electricity price increases in NPV varied from 98.5% to 99.9%. While the inflation rate and annual degradation contributed very little to none.

• Journal of Electrical Engineering and Technology
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• 제13권3호
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• pp.1099-1109
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• 2018

For practical consideration, economic dispatch (ED) problems in power system have non-smooth cost functions with equality and inequality constraints that makes the problems complex constrained nonlinear optimization problems. This paper proposes a new constraint handling method for equality and inequality constraints which is employed to solve ED problems, where the incremental rate is employed to enhance the modification process. In order to prove the applicability of the proposed method, the study cases are tested based on the classical particle swarm optimization (PSO) and differential evolution (DE) algorithm. The proposed method is evaluated for ED problems using six different test systems: 6-, 15-, 20-, 38-, 110- and 140-generators system. Simulation results show that it can always find the satisfactory solutions while satisfying the constraints.